Boeing Company (The) Common Sto (NYSE:BA):
Boeing to Release Third-Quarter Results on Oct. 26.
The company is so far trading down by -0.43% since yesterday’s close of $131.32.
Boeing Company (The) Common Sto announced a dividend for shareholders which was paid on Friday the 2nd of September 2016. The dividend payment was $1.090 per share for the quarter or $4.36 annualized. The dividend yield was $3.31. The ex-dividend date was Wednesday the 10th of August 2016.
The stock last traded at $130.75 which is marginally lower than $131.60, the 50 day moving average and which is just under the 200 day moving average of $131.00. The 50 day moving average was down by -0.62% and the 200 day average was down $-0.21.
The P/E ratio is currently 23.54 and market capitalization is 81.59B. In the last earnings report the EPS was $5.55 and is projected to be $6.29 for the current year with 623,825,000 shares outstanding. Analysts expect next quarter’s EPS will be $2.41 with next year’s EPS projected to be $9.61.
Brokerage firms have weighed in on the stock. September 19 investment analysts at Citigroup made no change to the company rating of “Buy” and moved down the price target from $175.00 to $160.00. Equity analyst Morgan Stanley released its first research report on the stock giving it an initial rating of “Overweight” and price target of $153.00.
On April 20, 2016 the stock rating was set at “Underperform” in a report from Bank of America which was a cut from the previous “Neutral” rating. On March 3 the company was downgraded to “Hold” from “Buy” and a price target of $135.00 was set in a statement from Canaccord Genuity.
Canaccord Genuity both downgraded the stock and lowered the price target on March 3 changing the price target from $150.00 to $135.00 and setting the rating at “Hold” which had previously been “Buy”. On February 18 the stock rating was upgraded from “Underperform” to “Neutral” in a report issued by Buckingham Research.